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China continues to maintain the world's largest plastics machinery market position
Published:2014-09-15 11:12:44    Text Size:【BIG】【MEDIUM】【SMALL

US Cleveland research firm FreedoniaInc. Expects now and 2017, the annual growth of global demand for plastics processing machinery will reach 6.9%, to reach $ 37.1 billion in sales.

The company recently released a survey report said that this growth will drive sales of climate change for the better, mainly due to an increase in fixed investment spending and plastic goods production growth. Packaging plastic processing machinery market will remain the largest market segment, the 2017 will account for more than one third of total sales. Ranked second, three in the terminal market of consumer goods and construction.

Freedonia company said processing machinery injection molding equipment will remain the most important type of machine, the new 2017 will account for two fifths of sales, thanks to the injection molding machine is widely used in many fields.

The company expects demand for 3D plastic printer's growth rate will be faster than any other plastic processing equipment, although its current market share is relatively low. Growth will be ranked second extrusion machinery sales, which has been building the world's construction activity increased impetus.

China has become the world's largest equipment market, accounting for 29 percent of all equipment sales in 2012 to 2017 will continue to maintain its leading position. But India will become the fastest growing national markets, the annual growth rate will reach 12%.

The company said, from a regional point of view, Central and South America will be the fastest growth rate in sales, followed by Africa, the Middle East.

To 2017, plastic processing machinery shipping rates machinery producing countries will be the fastest growth in the Asia-Pacific region, with China led the Asia-Pacific region will account for 59% of total output.

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